Montrose Environmental Group, Inc. completed the acquisition of Matrix Solutions Inc.
June 31, 2023
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Montrose Environmental Group, Inc. (NYSE:MEG) agreed to acquire Matrix Solutions Inc. for CAD 65.2 million on May 3, 2023. The transaction, which is subject to, among other things, approval of Matrix shareholders and the Court of King’s Bench of Alberta, is expected to close in the second quarter of 2023. Blake, Cassels & Graydon LLP acted as legal advisor to Montrose Environmental Group, Inc. AEC Advisors LLC acted as financial advisor to Matrix Solutions Inc. Borden Ladner Gervais LLP acted as legal advisor to Matrix Solutions Inc. As of June 1, 2023, received the required support of Matrix shareholders and approval from the Court of King’s Bench of Alberta.
Montrose Environmental Group, Inc. (NYSE:MEG) completed the acquisition of Matrix Solutions Inc. on June 1, 2023.
Montrose Environmental Group, Inc. is an environmental solutions company focused on supporting commercial and government organizations. Its segment includes Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits and permits for operations, facility upgrades, new projects, decommissioning projects and development projects. Measurement and Analysis segment includes source and ambient air testing and monitoring, leak detection and repair and advanced analytical laboratory services such as air, storm water, wastewater and drinking water analysis. Remediation and Reuse segment provides clients with engineering, design, and implementation services to treat contaminated water. This segment also offers regulatory services to the oil and gas, and renewables sectors.
MONTROSE ENVIRONMENTAL GROUP, INC. 
